FBI, SEC Probe Trading of Carl Icahn, Billy Walters, Phil Mickelson

The Wall Street Journal ^ | May 30, 2014 | Susan Pulliam and Michael Rothfeld

[doc1019]

Phil? Say it ain’t so!

[Lurkina.n.Learnin]

Oh somebody else to shakedown.

[pieceofthepuzzle]

Wasn't it Mickelson who made the comments about California taxes? If so, it's just too convenient that he winds up getting investigated.

[FlJoePa]

Move to Florida and stay away from professional gamblers Phil. I’m sure Jack could scare up a nice lot for him at the Bear’s Club.

[unixfox]

Wouldn’t be surprised if an IRS audit is forth coming.

God I hate this corrupt government. HATE IT.

[StormEye]

What? What? Insider trading?
I'm sure the US Congress is really concerned about that.
Along with the creeps in White Hut and the DOJ.

[uncommonsense]

You beat me to it - somehow it’s OK for congress to trade on insider info, or worse, laws they’re creating.

[capydick]

August 2013:

"If you add up all the federal and you look at the disability and the unemployment and the Social Security and the state, my tax rate's 62, 63 percent," Mickelson said. "So I've got to make some decisions on what I'm going to do."

Last November, California voters approved of Proposition 30, which raised the state tax rate for those making more than $250,000. Californians who make over $1 million will now be hit with a 13.3% top tax rate, which is the highest of any state. Previously, those making over $1 million in California were hit with a 10.3% tax rate. Those making $250,000 to $300,000 a year will pay 10.3%, which is up from 9.3%.

Big gubmint don't be likin that kind of talk....

[E. Pluribus Unum]

NSA?

[rhinohunter]

Hmmm....Didn’t Phil make some anti-tax statements a few years back? Shades of Dinesh???

[VTenigma]

Congress hates the competition

[biff]

And in the meantime, the prosecution of John Corzine is????????

[Steve_Seattle]

“Insider trading” is one of those “crimes” that I’ve never understood. It just sounds like a logical extension of what every investor is trying to do, i.e., make decisions based on the best information available.

[Jane Long]

I was just thinkin’ the same thing....shakedown.

[Hogblog]

And in the meantime, the prosecution of John Corzine is????????

^^^^ THIS ^^^^

[Nifster]

I guess this is safer than looking to investigate bankers, race baiters, the IRS, or the state Department

[Tula Git]

Phil is a self employed professional, a devout Christian and family man, provided the Phil and Amy Michelson foundation and dared to protest the high taxes in California.

IT is only proper that he be destroyed. He is obviously a menace to society.

[newnhdad]

this has retribution written all over it.

[editor-surveyor]

This is 100% BS!

Phil is being spanked for speaking out on our outrageous tax structure.

There is absolutely no reason for any insider trading; if Icahn wants to reward Phil, all he has to do is give him a sponsorship, which is perfectly legal.